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Earnings per Share (Tables) | 6 Months Ended
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Jul. 02, 2016
Earnings Per Share [Abstract] |
Basic and Diluted Earnings Per Share | Basic and diluted earnings per share (EPS) were calculated as follows:
|  | Three Months Ended |  | Six Months Ended
|  | July 2, 2016 |  | July 4, 2015 |  | July 2, 2016 |  | July 4, 2015
(In thousands, except per share amounts) |  |  |  |
Amounts Attributable to Kadant: |  |  |  |  |  |  |  |
Income from Continuing Operations |  | $ | 8,311 |  |  | $ | 8,469 |  |  | $ | 15,187 |  |  | $ | 15,301 |
(Loss) Income from Discontinued Operation |  | — |  |  | (5 | ) |  | — |  |  | 60 |
Net Income |  | $ | 8,311 |  |  | $ | 8,464 |  |  | $ | 15,187 |  |  | $ | 15,361 |
Basic Weighted Average Shares |  | 10,870 |  |  | 10,948 |  |  | 10,831 |  |  | 10,920 |
Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan |  | 282 |  |  | 225 |  |  | 254 |  |  | 210 |
Diluted Weighted Average Shares |  | 11,152 |  |  | 11,173 |  |  | 11,085 |  |  | 11,130 |
Basic Earnings per Share: |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.76 |  |  | $ | 0.77 |  |  | $ | 1.40 |  |  | $ | 1.40 |
Discontinued operation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 0.01 |
Net income per basic share |  | $ | 0.76 |  |  | $ | 0.77 |  |  | $ | 1.40 |  |  | $ | 1.41 |
Diluted Earnings per Share: |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.75 |  |  | $ | 0.76 |  |  | $ | 1.37 |  |  | $ | 1.37 |
Discontinued operation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 0.01 |
Net income per diluted share |  | $ | 0.75 |  |  | $ | 0.76 |  |  | $ | 1.37 |  |  | $ | 1.38 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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